TechFlow News: On May 27, in response to Bankless co-founder David Hoffman’s complete sale of his ETH holdings, Uniswap founder Hayden Adams replied on social media: “ETH is Money” is the correct narrative—though it diverges from most people’s perception.
Hayden Adams stated that all assets will eventually be tokenized. People will hold the assets they value most—the most decentralized currencies—in a state where countless currencies freely compete. If any asset can be exchanged for any other at low cost and high efficiency, a single unit of account will no longer be necessary. Uniswap on Ethereum represents today’s “best decentralized monetary system,” and this is only the beginning.
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